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The dependency of mineral revenues in Ouro Preto municipality

The promotion of the mining industry can be an opportunity for the local government to improve revenue, allowing for more possibilities to provide public services of quality to the population; it is a financial source for local development. Knowledge of the dependency level of the local revenue derived from mining activities is necessary for mining-based municipalities. Monitoring of reserve levels and ore production is a way to get prepared for the temporality of the mineral industry and the fluctuation of the commodities market. Thus, it is indispensable that public policies be provided to diversify the local economy and to elaborate a tax policy consistent with the characteristics of the local mineral economics. This study analyzes the situation of the mining revenue dependency of the Ouro Preto municipality as compared with other municipalities and then introduces perspectives for debate.

Mineral economics; mineral revenue; local government; development


Escola de Minas Rua Carlos Walter Marinho Campos, 57 - Vila Itacolomy, 35400-000 Ouro Preto MG - Brazil, Tel: (55 31) 3551-4730/3559-7408 - Ouro Preto - MG - Brazil
E-mail: editor@rem.com.br